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ABC has $32 million of inventory and $31 million of accounts receivable. Its average daily sales are $851,000 and its gross profit margin is 22

ABC has $32 million of inventory and $31 million of accounts receivable. Its average daily sales are $851,000 and its gross profit margin is 22 percent. The companys payables deferral period is 54.2 days. What is the length of the firm's cash conversion cycle?

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